Music to invest by
(image: a.e.ray/Flickr)
Crank up the tunes–they might help you make money on Wall Street. Phil Maymin, a professor at the Polytechnic Institute of NYU, studied decades of Billboard Hot 100 hits and discovered that songs with more consistent beats tend to be popular just before periods of high volatility in the stock market.
Maymin explains his theory and tell us what he thinks the current hit, "Single Ladies (Put a Ring on It)" by Beyonce, says about our financial future.
While there may not be concrete evidence to support whether the music influences the market or the market influences the music, he is able to conclude, "The more turbulent the times, the steadier the music."
For more about how this theory works, watch Phil Maymin's video:
The story you just read is available for free because thousands of listeners and readers like you generously support our nonprofit newsroom. Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you: We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll get us one step closer to our goal of raising $25,000 by June 14. We need your help now more than ever!